investment has tax benefit?

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Icon Mini Profile amitforum




Joined: 23 Jul 2009

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PostPosted: Fri Sep 04, 2009 11:20 pm    Post subject: investment has tax benefit?

I am new investor,i am willing to invest in share,This investment has tax benefit?

IF i will make profit on selling share,on that profit is taxable?

what percentage is taxble on profit?
Icon Mini Profile smithsussane
smith.sussane



Joined: 18 Sep 2008

Posts: 3738
Location: Alaska
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PostPosted: Sun Sep 06, 2009 11:33 pm    Post subject:

Hi amitforum!

Welcome to forums!

Well, I do not have much idea about shares. But as far as I know, there are certain tax benefits if you invest in shares. I would suggest you to contact an expert in this regard and get his opinion.

Sussane
Icon Mini Profile gmakerley
gmakerley
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Location: bloomfield, ct
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PostPosted: Tue Sep 08, 2009 8:59 am    Post subject:

once again, take the inane queries to a tax advisor...they're used to it.
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Icon Mini Profile sunnyca2009




Joined: 04 Aug 2009

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PostPosted: Fri Sep 11, 2009 6:07 pm    Post subject:

yes any gains on investment is taxable
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